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jes811 (OP)
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August 09, 2011, 01:24:08 AM
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Who issues bitcoins and what are they worth in terms of USD?   What guarantees are associated with bitcoins?
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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August 09, 2011, 01:24:55 AM
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Quote from: jes811 on August 09, 2011, 01:24:08 AM
Who issues bitcoins and what are they worth in terms of USD?   What guarantees are associated with bitcoins?
1) The people set the price of BTC<>USD.
2) There re no guarantees.
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August 09, 2011, 01:28:23 AM
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Quote from: NothinG on August 09, 2011, 01:24:55 AM
Quote from: jes811 on August 09, 2011, 01:24:08 AM
Who issues bitcoins and what are they worth in terms of USD?   What guarantees are associated with bitcoins?
1) The people set the price of BTC<>USD.
2) There re no guarantees.

How does one get them?  And how many merchants actually accept them?  Are they bits of data?  Is it data mining?  What is it?  Heard about it on radio... a caller called in.
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August 09, 2011, 01:32:02 AM
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Quote from: jes811 on August 09, 2011, 01:28:23 AM
Quote from: NothinG on August 09, 2011, 01:24:55 AM
Quote from: jes811 on August 09, 2011, 01:24:08 AM
Who issues bitcoins and what are they worth in terms of USD?   What guarantees are associated with bitcoins?
1) The people set the price of BTC<>USD.
2) There re no guarantees.

How does one get them?  And how many merchants actually accept them?  Are they bits of data?  Is it data mining?  What is it?  Heard about it on radio... a caller called in.
https://en.bitcoin.it/wiki/Introduction
https://en.bitcoin.it/wiki/Trade
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